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That percentage is not limited to IHub, but applies to any investment vehicle, to include gambling itself. Every commodity / asset on the planet is purely driven through fear and greed. Since inception, money at a level far beyond anyone amongst a public board steals from the poor and redistributes. Education only allows a few to come close to the odds the house has during a game of blackjack. Why anyone would publicly post an opinion, and not welcome the complete opposite opinion in return allowing for a healthy debate, might be the most uneducated of all
Someone’s always right and wrong eventually. My bet this is bottom of fall right here. I cost average so bring it
We all know there is lot of money on the sidelines patiently waiting right now. In-between now and whenever trading begins, I expect these fluctuations and news driven emotions. We are def nearing a top pattern within the overall uptrend. Everyone has different timelines and tactics of course. I am waiting to see what the influx of funds actually does, since this is all new waters for us. Really no one knows. My guess is we have a peak out here over the next week or so in the upper 50’s of BTC. Potentially a correction or just trading range up to halving. I have a feeling we will be provided with a very attractive buying opportunity sometime in the next 90 days. So if my target is met of high 50’s, I’ll take my profits and patently wait to re-enter
My positions are BTC / ETH - STX ARB XRP
The hell was that about
Any news released?
The sky is falling is a dead man’s trade. Sure they will be right eventually for a brief period of time. So much money to be made up or down. But 7$ to 22$ is a traders wet dream. Thank you NCLH
Can someone educate me on how Gensler would fire up more security claims if they were going to lose this lawsuit?
My earlier post was where I believe BTC, along with the rest of the market heads inthe short term. Bring next 1-2 weeks heading into end of Jan. Most cycles have reached exhaustion and BTC is no different. On Jan 11 we broke through and close above 17,800 and believe we will back test that. Which is only 11% or so below where we sit now, so I’m. It saying the sky is falling either. The weekly chart doesn’t sit in any better position. We have been making new monthly lows since Nov 2021 and while we have broken out of that downward channel, we have not made a new monthly high or backtested that breakout. So that’s just my theory. Also think SPY, while maybe retesting recent highs tomorrow or Friday, will break back down to the 3890 mark give or take and testing. And since equites and crypto are still in sync, for me, I sit and wait for the 18000 zone to see what it does. I sold 70% of my position on Jan 11 at 2100. Now I wait and simply offering my viewpoint here, albeit not a popular one.
Let’s see if we hold 18k first before talking about 24-30k
Weird… BTC moving with equities.
Lol what do you mean? Last year was rough. Across the board. Pretty much came in at par. Some great hits and some dumb mistakes. December was a great month and I’ve cashed out 15% this year. My CGC trade is trending well that I’m in and got in before the BBBY squeeze as well.
Well when I say resistance I really refer to short term price movement. Like we just moved up significantly from the 16,500 trap we were in for what felt like an eternity. Overbought conditions now set in. I understand crypto acts a little differently than equities but I can’t see this going much higher just yet. Not u til we retest a few zones. Which I’m the crypto world can be just a few days. I’m a trader so no long term holds
But this move was 100% in the charts. See my past post
Many crypto charts are all playing out the same. Multi month downward pennants are breaking out to the upside. Or appear that way. If this brakes up and holds through .19-.20 things could happen. I could say the same thing for BTC / ETH and a 100 others. Will be interesting to see how the next couple days play out and close
Needs to hold exactly here sitting on the 9/20 & upward trend
Let’s not get too overconfident in voicing off a ceiling. That happens in every single uptrend no matter how fierce the rally. What’s important for the bulls is that the 6 month downtrend was broken, and broken to the upside. Currently sits right on the 50 MDA and true uptrend support lies just below that around 16,600. If that area fails after a close then it could 100% retreat. To me, breaking a 6 month bearish pennant to the upside represents a strong move. Based on that I’m placing my bet that we are upside from here while I closely monitor and sudden downward moves. Once again, hitting a ceiling is the standard within an uptrend so using that as a top, when a vehicle has broken out of a major trend, is usually a losing formula
I mean hard to ignor that equites and crypto have no yet decoupled and rates affect both. The current price action of SPY - BTC are mirrored today
I agree with this as well. Not just BTC but across all crypto charts. 9/20 MA’s & 50/100/200 are trending positively. Much less many downward pennants have been broken to the upside. Crypto is out of the short term cage it has been in. Will be interesting to see how it reacts into its current short term resistance… like where it currently sits. If we push through this, let’s say 17000 area, the one year downtrend may be broken which could lead to typical ceiling breakthroughs of 19, 22, 26 & 33. Albeit this could change at any second with further fallout news. I think we start to see dovish forecasts from the FED that could spark a massive rally across all assets. Just my perspective of course
Why is this getting chased after losing expectations by 32%?
I mean it seems the prior poster had plenty of supportive thoughts that surely trump fib mathematics that have been around for hundreds of years. We should all probably take his tip and go back to school
This is aging well so far
Weird I was looking at top in
And that works for you?
it’s the red caps that makes me a believer
I the last 30 trading days 22 of them were red. That is some serious sell pressure. Can’t jump in here until a tradable bottom reveals itself. Maybe at the previous breakout of 18?
In the sports betting space yes
Who is the competition within the industry? DraftKings sits in a space as the clear leader and I can’t imagine a competitor coming along in the fantasy space that will knock them off. As they expand into the sports betting arena as well as NFT market, exposure at this point is key.
The one thing I can GUARUNTEE you sir is you, nor anyone else, can GUARUNTEE what will happen in the future. So stop speaking to that. Maybe yoi strongly believe it but anything beyond that is BS
Guess the street doesn’t care for the “meets” guidance part.
Sir you are so focused on what could possibly be wrong with this firm you obviously miss out on the ability to make profits here. Let’s see… last we chatted it was around 23$. Keep up the good fight though! The energy seems well worth it
Looks to me like a clean double bottom off the 100…. we shall see
Such a horrible stock to trade
The difference is I’ll tell yoi when to sell as well. You are one side of this story based your assumptions of future fundamentals
Snap I didn’t even see the CCL article. 2022 2H bookings above pre pandemic.. hmmm…
I bet you said the same shit aboit the big banks during the crash. And likely missed that boat too
Oh wow… well look at that. Through 28 now. Man if someone would have just collected shares at 23 just a mere 3 weeks ago great money would have been made.
I have said this dozens of time to you. I could care less about the company! It’s the vehicle. The weekly chart MAC is crossing upward, the daily 50 is turning for a golden, it held the bottom channel for the last 3 months and the trend is now clearly up. Not sure what your intention here is you provide no value with your biased steadfast convictions unless there is someone here considering a long term investment. I am a swing trader and while everyone else worries about long term fundamentals I worry about making or preserving money over the next weeks / months based on my experience of technical trends
Haha okay. You are so biased that I cannot argue. But I will make sure to pay attention to this board over the coming months the and years in the hopes you can one day say “I told your so” until then I’ll continue trading vehicles
I just made 12k over the last week on this position. So did I define the moment?
This aged well
All I know is I have made roughly 18% in 2 days “trading”. It’s just a vehicle